For Sale: 5008 41 Street, Sylvan Lake, AB - REW
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$739,900
6 bd • 4 ba • 1810 sf • House
5008 41 Street
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$739,900
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5008 41st StreetSylvan Lake, AB, T4S 1B9

  • 6 Bed
  • 4 Bath
  • 1810 Sqft
  • House

About this home

Welcome to 5008 41 Street in Sylvan Lake, a beautifully designed 6-bedroom, 3.5-bath home just steps from the beach, walking trails, and all the best of lake life. Whether you're seeking a full-time residence, a vacation retreat, or a smart investment property, this home delivers on all fronts. The bright, open-concept main floor features beautiful hardwood and tile flooring throughout, with a spacious kitchen anchored by a large central island — ideal for cooking, hosting, and gathering. Upstairs, you'll find the primary bedroom with a private 3-piece ensuite, plus three more generous bedrooms and a full laundry room. The fully finished basement offers two additional bedrooms, a full bathroom, second laundry area, and a private exterior entrance. To date, all primary rental income has come from the upper level only, which has been successfully used for both short-term (Airbnb) and long-term rentals. The basement remains mostly unused, aside from one room that is currently being rented for storage. Outside, enjoy your private hot tub — a huge draw for guests and a perfect way to relax year-round. Additional features include, central vacuum roughed in, double detached garage which is currently being rented out for $450/month. The basement storage room is also being rented out at $275/month. 2023/2024 Rental Revenue for Airbnb is $48,212.29 - long term rental $24,450 - Garage Rental $5400/year & Storage room rental in the basement $3300/year. The total gross income is approximately $81,362.29 annually.
Listed by: Drew McGinnis, eXp Realty - Red Deer

Home facts and features

Price details
List Price
$739,900
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Home facts
Bedrooms
6
Full Bathrooms
3
Partial Bathrooms
1
Parking Spaces
4
Property Type
House
Lot Size
3665 ft²
Frontage
30.35 sqft
Year Built
Built in 1998 (28 yrs old)
Style
2 Storey
Exterior Finish
Shingle Siding, Vinyl Siding, Wood Frame
Heating Type
Forced Air, In Floor
Cooling
Full
Basement Details
Full
Features
Ceiling Fan(s), Closet Organizers, Front Porch, Golf, Kitchen Island, Lake, Laundry Room, Playground, Schools Nearby, Shopping Nearby
Appliances
Dishwasher, Refrigerator, Stove, Washer & Dryer, Water Softener
Agent details
Primary Agent
Primary Broker
eXp Realty - Red Deer
Listing details
Days on REW
253 Days
Property Views
168
MLS® Number
A2285838
Source
Pillar 9
Board
Central Alberta REALTORS® Association
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Property Insights

C. P. Blakely Elementary School
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  • In Catchment
Equinox Group Home
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  • In Catchment
Our Lady Of The Rosary School
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  • In Catchment
École Steffie Woima Elementary School
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École H.J. Cody High School
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  • In Catchment
Sylvan Lake Career High School
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  • In Catchment
Lighthouse Christian School
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École Fox Run School
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Beacon Hill Elementary School
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Mother Teresa
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Call Agent
Drew McGinnis
Phone:
403-347-8757
Cell:
403-396-5355
Office:
403-262-7653
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